The Promises and Perils of Compliance
The Promises and Perils of Compliance In today's era of increased regulation and renewed enforcement efforts, unethical behavior and misconduct are a focus of concern among not only governments and…
Specifikacia The Promises and Perils of Compliance
The Promises and Perils of Compliance
In today's era of increased regulation and renewed enforcement efforts, unethical behavior and misconduct are a focus of concern among not only governments and regulators, but also investors, firms, employees, customers, and the public. A properly designed and implemented compliance program provides crucial assurance for all stakeholders that an organization's personnel abide by all applicable regulations, internal ethical principles, codes of conduct, and other guidelines.Based on empirical experience and illustrative cases, The Promises and Perils of Compliance seeks to discuss compliance not as just another management tool, but rather as a collection of rules, norms and controls embedded into an organization's culture and environment that must be understood when designing a Accordingly, compliance programs have gained prominence in the organizational agenda.